Bill > HF247

This bill proposes to add a new exemption to Iowa's state sales and use tax code, specifically exempting the sales price of honeybees from taxation. Currently, sales of honeybees are subject to the state sales tax, but this legislation would create a new tax exemption that would eliminate the sales tax on the purchase of honeybees. The bill amends Section 423.3 of the Iowa Code by adding a new subsection (numbered 111) that specifically excludes honeybees from being taxed when sold. This exemption could potentially benefit beekeepers, farmers, and agricultural businesses by reducing the cost of purchasing honeybees, which are important for pollination and honey production. The bill appears to be a targeted tax relief measure for those involved in beekeeping and agricultural industries.

Budget and Finance

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF247